Reducing purchasing cost is an effective way for manufacturers to cut down production cost.

通过供应链管理降低采购成本是制造企业降低生产成本的有效途径。

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Increasingly sophisticated computer-controlled robots are entering industry to cut down production costs, time and labor requirements.

日益完善的计算机控制机器人正在进入工业领域，以降低生产成本，缩短工作时间并减少劳动力。

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One of measures to cut down production cost is to decrease energy consumption, which includes fuel and electricity consumption and metal consumption and roller consumption and water consumption.

降低生产成本主要措施之一就是降低能耗——燃料与电能消耗、金属消耗、轧辊消耗、水的消耗。

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He pointed to the second and third quarters of 2005, when the industry was able to grit out a softening market for steel because prior consolidation meant firms were able to cut down on production and allow inventories to run down.

FORBES: Magazine Article

With steel manufacturers already under pressure due to increased raw material prices, it was inevitable that they cut down on production to combat the decline in the steel prices.

FORBES: ArcelorMitttal Cuts Production As Steel Demand Falls

While Libyan production has been significantly cut down, OPEC has announced that its production has reached 30.2 million barrels per day, the highest level since December 2008, and that they may pump in an additional 6 million barrels per day if needed.

FORBES: Oil Drops Amidst Japanese Refinery Shutdown And Muted 'Day Of Rage'